Samsung Research America, a subsidiary of Samsung Electronics, will
move to new R&D Center in Mountain View, California

SAN JOSE, Calif. — (BUSINESS WIRE) — October 15, 2013 —
Samsung Research America (SRA), a subsidiary of Samsung Electronics Co.,
Ltd., today announced the groundbreaking for its new 8.5 acre campus in
Mountain View. A groundbreaking ceremony will take place at 10:30 a.m.
on October 16 at 665 Clyde Avenue.

Rendering of Samsung Research America (SRA)'s new R&D Center in Mountain View, California. (Photo: Business Wire)

With $187.8 billion in sales and 270,000 employees across 79 countries,
Samsung Electronics is a global leader in technology that has been a
presence in Silicon Valley for more than three decades. The R&D center
will provide a state-of-the-art campus that can support the current
rapid growth in the organization, and also provide the infrastructure to
support Samsung’s open innovation and university collaboration
activities.

“Our new state-of-the-art R&D center will provide an outstanding
environment to support our plans for strategic growth and attracting the
very best employees,” said Daniel Eum, president of SRA. “This
expansion, in addition to Samsung Semiconductor Inc.’s new San Jose
campus, builds upon Samsung’s 35-year history in the Bay Area and
reinforces our commitment to the valley.”

The campus will include two new six-story class-A office buildings
totaling approximately 385,000 sq. ft. and two parking structures – one
five-story, the other six-story. Expected occupancy is December 2014 in
the buildings being designed in accordance with LEED Gold and LEED
Platinum certification standards.

This expansion builds upon Samsung’s long-term presence in the Bay Area.
In July, state, city and community leaders joined Samsung Semiconductor
Inc. in a groundbreaking ceremony for the 1.1 million square foot
facility expansion of its San Jose operations. Beyond Silicon Valley,
Samsung is continuing to expand its facilities across the United States,
with increased investments and significant new employment opportunities.

About Samsung Research America

Founded in October 1988, Samsung Research America (SRA) is headquartered
in Silicon Valley, with offices across the U.S. SRA is engaged in
researching emerging technology to create new businesses, and developing
core technology to enhance the competitiveness of Samsung products. The
primary research areas of SRA include advanced software, interactive
services, user experience and emerging technologies in convergence.

About Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. is a global leader in technology, opening
new possibilities for people everywhere. Through relentless innovation
and discovery, we are transforming the worlds of televisions,
smartphones, personal computers, printers, cameras, home appliances, LTE
systems, medical devices, semiconductor and LED solutions. We employ
270,000 people across 79 countries with annual sales of $187.8 billion.
To discover more, please visit
www.samsung.com.